Clovity

4.9★★★★★(6 reviews)

11501 Dublin Blvd STE 200, Dublin, CA 94568

Dublin, California, United States

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Hours
9:00 AM – 6:00 PM
Weekdays9:00 AM – 6:00 PM
WeekendsClosed
Address
City: Dublin
Neighborhood: san francisco, california
State: California
Postal Code: 94568
Country: United States

Business facts

Estimated annual revenue~$6.1M
Estimated employees~14
Annual payroll (2021)~$1.5M
In business since2009
Based on reported payroll data

Contacts

senior technical recruiter

Information Technology and Services

Information Technology and Services

Information Technology and Services

Information Technology and Services

Information Technology and Services

Information Technology and Services

Area statistics (94568)

Population71,068
Median household income$191,039
Source: US Census ACS

About

Clovity is a leading global IoT solution provider, specializing in Agile, IoT, Embedded, Data, ML, AI, Cloud, DevOps, and Digital technologies. The company's focus on collaboration and transformation has led to disruptive solutions for the Banking Finance, Healthcare, and Retail industries. With a commitment to innovation, Clovity has developed Plug and Play solutions and frameworks in IoT, Predictive Analytics, DevOps, and Mobility, enabling faster time to market product launches for its customers. The company's deep Agile expertise and Agile Framework: Synthesis ensure complete collaboration and transparency throughout the customer journey. Clovity's goal is to create scalable technology foundations and architectures for future advancements, making it the go-to partner for enterprises looking to power tomorrow's digital world.

Wheelchair Accessible
Parking, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$4.3M2019
~$4.7M2020
~$5.0M2021
~$5.5M2022
~$5.8M2023
~$6.1M2024
Modeled from category averages for the region+7.4%/yr since 201980% confidence band: ±68%

Company profile

Employees (reported band)17
Observed

Property

Lot size2.44 acres
Land use9400
CountyAlameda
On this lotshared with 158 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$10.0K · 10 jobs reported
PPP loan (2020)$179.5K · 18 jobs reported · implies ~$861.6K annual payroll · $180.5K forgiven
Second PPP loan (2021)$308.2K · 17 jobs reported · $292.0K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in California18,045~$108.8B~$6.1M~$1.4M5.0★4.5×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure123 chains expanding in this category, led by T-Mobile, Target Mobile, Att (+4,101 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)465~$1.4B~$3.1M~$941.9K2,831~$362.8M6.5×
Wholesale and retail trade; repair of motor vehicles and motorcycles66~$320.1M~$4.9M317

1 km area (all businesses): median from the 363 of 465 businesses with estimates

Estimate

Area conditions (94568)

Population71,068 ±100
Median household income$191,039 ±$11,093
Median home value$1,164,100
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS
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